Kevin Warsh’s closely watched pitch to become next Fed chair
Also in today’s newsletter, the Middle East’s fragile ceasefire deal nears deadline
Michael Jackson biopic ‘Michael’ is a stilted waxwork of a movie
Antoine Fuqua’s film has bullying, bravura music and a haunting CGI Bubbles but does little to illuminate the man or his genius
VW to export more China-made EVs in global sales drive
Strategy pivot coincides with slowdown and fierce competition in world’s largest automotive market
Taiwan says Chinese pressure forces scrapping of president’s Africa trip
Lai Ching-te’s visit to tiny landlocked Eswatini postponed after neighbours ‘revoked flight permits’
The US cattle industry is eating its own tail
From rising temperatures to water shortages, ranchers need to be thinking about a plan B
Ofcom to probe Telegram over claims of child sexual abuse material on app
Two teen chat sites are also being separately investigated by online safety watchdog
Ghost-Eye — Amitav Ghosh’s ambitious novel about climate change and reincarnation
The story of a young girl in 1960s Calcutta who claims to have lived before shows the difficulties of grappling with climate politics in literary fiction
Shell faces fresh climate court case
Dutch non-profit activist group makes push to halt new oil and gas production
Reader callout: are you going solar to avoid the energy crunch?
FT Money wants to hear from readers with solar panels — or considering them — as an answer to rising bills
Kevin Warsh to be grilled by Congress in race to be confirmed as Fed chair
Donald Trump’s pick to lead central bank to tell lawmakers the independence of rate-setters is not ‘particularly threatened’
Apple chief Tim Cook to hand over to John Ternus in September
Head of hardware to become next chief executive while Cook will become chair of the iPhone maker
Ex-Swedbank chief cleared of conviction in money-laundering scandal
Birgitte Bonnesen had faced 11-month prison sentence for ‘gross swindling’
Royal Mail reduces second-class post service in £500mn overhaul
Cheaper deliveries will move to every other weekday and will be scrapped on Saturdays
What we need to know from Warsh
After a period of silence, Donald Trump’s nominee for Fed chair gives evidence
Robbins says Downing St pressured him to approve Mandelson appointment
Sacked head of Foreign Office said there was ‘dismissive attitude’ to security vetting of former ambassador
UnitedHealth boosts 2026 earnings guidance after increasing prices
US healthcare group steadies itself after turbulent period that led to departure of previous CEO
Revolut aims for $200bn valuation in stock market listing
Bumper IPO would trigger increased stake for founder Nik Storonsky but group has no plans to float shares before 2028
Why America is falling out of love with Israel
Public opinion and elite sentiment has turned decisively against Netanyahu
America’s Venice Biennale artist was scorned by tastemakers — he says he’s misunderstood
Acclaimed artists William Eggleston and Barbara Chase-Riboud turned down the controversial commission — now the once-niche Alma Allen will represent the US
Europe’s AI endgame? Bet on reliability
If the region fails to lead on safe and secure AI, it risks remaining stuck on the wrong side of the tech wall
How the energy shock has reshaped jet fuel economics
Also in today’s newsletter, environmental groups sue to block BP’s $5bn deepwater drilling project
Iran war spurs global demand for defence equipment, says Thales
French group expects Middle East conflict to boost orders, from rockets to air surveillance systems
China links tough new trade rules to Iran war and Panama port dispute
Beijing threatens companies with harsh punishments, including exit bans, to protect against foreign sanctions
A date with Kate Moss’s mixologist
The legendary British bartender Colin Field on cocktails and celebrities